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PLI may boost India s manufacturing output by $520 bn in 5 yrs: PM Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country s production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year s Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years , he said.

West bengalUttar pradeshMamata banerjeeJerome powellSobhandeb chattopadhyayAshok bhushanAparna purohitSupreme courtInternational tradeDepartment of industryTrinamool congressFederal reserveMinister narendra modiBengal chief minister mamata banerjee fridayFederal reserve chair jerome powellSupreme court friday